EFCC Arraigns Man for N89.4m Scam


The Economic and Financial Crimes Commission, EFCC, on Thursday, March 3, 2016 arraigned one Badaggi Hussaini before Justice Maryanne Anennih of an FCT High Court, Maitama on a 2-count charge bordering on issuance of dud cheque to the tune N89.4million (eighty nine million, four hundred thousand, naira).

One of the counts reads:
“That you, Badaggi Hussaini Abubakar, sometime in September, 2013 in Abuja within the Abuja Judicial Division of the High Court of the Federal  Capital Territory did issue a Skye Bank Cheque number 1000133 dated the 6th day of September, 2013 in the sum of Eight Million Four Hundred Thousand Naira only (N8,400,000.00) to one Ibrahim Abubakar  to obtain Credit which when presented within three months was dishonoured on the ground of insufficient funds standing to your credit and you thereby committed an offence contrary to section 1(1)(b) of the Dishonoured Cheques (Offences) Act Cap D11 Laws of the Federation of Nigerian 2004 and punishable under Section 1(1)(b)(1) of the same Act.”

The accused pleaded not guilty to the charge when it was read to him.

In view of his plea, counsel to EFCC, Aisha Ibrahim, asked the court for a date to commence trial.

However, the defence counsel, Victor Okpamgbe urged the court to admit the accused to bail adding that the offence is bailable.
Justice Anennih granted the accused bail in the sum of N10million and two sureties. The sureties who must be civil servants must have landed properties within the jurisdiction of the court. The sureties must also deposit two recent passport photographs, their international passports, national identity cards and drivers license with the court.

The case is adjourned to April 20, 2016 for hearing.

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Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: [email protected]


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